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Recently asked questions about conveyancing in Chigwell

I am purchasing a property mortgage free in Chigwell. I have resided for the previous 15 years in Chigwell. Conveyancing searches are a lot of money. Given that I have knowledge of the road and vicinity very well must I have all the conveyancing searches?

If you not getting a home loan, then almost all of the Chigwell conveyancing searches are at your discretion. Your solicitor will ’encourage you, perhaps strongly, that you should have searches done, but he is duty bound to do this. One thing to bear in mind; if you are likely to sell the house at a future date, it could be of interest to your future purchaser what the searches reveal. On occasion houses with day to day issues can still throw up detrimental search results. A competent conveyancing solicitor in Chigwell will be able to give you some helpful advice here.

We are downsizing from our house in Chigwell and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. A local lawyer would know that there is no such problem. It does beg the question why the buyers instructed an internet conveyancing practice rather than a conveyancing solicitor in Chigwell. We have lived in Chigwell for six years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to get confirmation need.

It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)

Are there restrictive covenants that are commonly picked up as part of conveyancing in Chigwell?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Chigwell. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

How does conveyancing in Chigwell differ for newly converted properties?

Most buyers of new build residence in Chigwell come to us having been asked by the developer to sign contracts and commit to the purchase even before the house is ready to move into. This is because builders in Chigwell typically purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Chigwell or who has acted in the same development.

Yesterday I discovered that there is a flying freehold element on a house I have offered on two weeks back in what was supposed to be a simple, no chain conveyancing. Chigwell is where the house is located. Can you shed any light on this issue?

Flying freeholds in Chigwell are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Chigwell you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chigwell may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

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Neighbouring Locations

Loughton
Chigwell
Hainault

Find out more about how flying freehold can affect your the value of a property.